Qatar Manufacturing Company OMC uses the First-In, First-Out (FIFO) method in its process costing system to produce leather wallets. Dit materials are added at the beginning of the process Conversion costs are incurred equally. The following information relates to the operations of each wallets for Feb 2021 Physical Units Transferred-In Costs Direct Materials Comerion Cas Beginning work in process $450,000 $500,000 5,000 $350,000 Depre of completion of beginning work in p 100% 60% 300000 Completed during the month and Fading work in procen 6,000 Degree of completam of ending work 100% " 30% in progress Total costs added during Feb 2021 $800,000 $1,000,000 Required QMC manager has asked you to find the cost of direct material for all units completed and transferred out to the sest process